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Increasing incidence of crime rates and increasing rate of burglary are the factors that necessitate the home security solutions. Design of efficient and sophisticated security systems along with user friendly installation features enabled by wireless technology are the key factors that are expected to boost the market growth. Furthermore, availability of remote monitoring with the aid of mobile devices along with beneficial insurance policies are also expected to fuel the growth of the home security solutions market. Large initial investment and cost of maintenance of the equipment along with lack of awareness regrading technological enhancements are the factors that are likely to restrain the growth of the market. The strategies adopted by telecom providers and electrical distributors are the factors that will create abundant growth opportunities in this market. Low adoption rate of security solution systems is a key market challenge faced by manufactures and key market players.alarm systems for the elderly
Released in November 2017 for $349. 00Guardzilla 360: This indoor security camera has 360 degree field of view that records video on every side of the camera. Released in October 2017 for $229. 99Amazon Cloud Cam: This 1080p indoor security camera works with Amazon's popular Echo digital assistant. There's also an Amazon Key version that works in tandem with a smart lock to allow Amazon deliveries when you're out of the house. Released in October 2017 for $119.